臺灣博碩士論文加值系統

The exponential growth and instant changing of digital technology requires high level for the movement of business models. Thus, developing a new technology to satisfy this need is becoming a critical factor around the world. Recently, the application of Blockchain is gaining a variety of interest from many industries whose leaders are trying to customize and fitting this kind of cutting-edge technology to fit in their multiple use cases. Not only Blockchain is very important in solving time payment and cost-saving in banking system but it is also a crucial step in the decentralized approach for creating applications. In this paper, we aim to clarify the architecture.of Blockchain technology as well as how it works. Apart from the features of Blockchain, a series of advantages derived from Blockchain are also explained and discussed. The use cases from experts and Blockchain application assessment has also been reviewed in this thesis, thus we could point out the challenges and opportunities as well as propose several recommendations for how to design a Blockchain model in banking for the future.

The exponential growth and instant changing of digital technology requires high level for the movement of business models. Thus, developing a new technology to satisfy this need is becoming a critical factor around the world. Recently, the application of Blockchain is gaining a variety of interest from many industries whose leaders are trying to customize and fitting this kind of cutting-edge technology to fit in their multiple use cases. Not only Blockchain is very important in solving time payment and cost-saving in banking system but it is also a crucial step in the decentralized approach for creating applications. In this paper, we aim to clarify the architecture.of Blockchain technology as well as how it works. Apart from the features of Blockchain, a series of advantages derived from Blockchain are also explained and discussed. The use cases from experts and Blockchain application assessment has also been reviewed in this thesis, thus we could point out the challenges and opportunities as well as propose several recommendations for how to design a Blockchain model in banking for the future.

Table of Contents

Acknowledgment 4
ABSTRACT 5
Table of Contents 6
1. INTRODUCTION 8
1.1. Research Motivation and Background 8
1.2. Research Objectives 8
1.3. Organization of study 9
2. LITERATURE REVIEW 11
2.1. Background of Blockchain Technology 11
2.1.1. Definition of Blockchain Technology 11
2.1.2. How Blockchain Works 14
2.1.3. Types of Blockchain 17
2.1.4. Blockchain technology basis 18
2.2. Overview of Blockchain technology and Finance 26
2.2.1. Blockchain use cases 26
2.2.2. Where could Blockchain technology have an impact ? 27
2.3. Blockchain and Insurance 33
2.4. Blockchain and Capital Market 36
2.5. Blockchain and Public Sectors 36
2.5.1. Using Blockchain to improve data management in public sector 38
2.5.2. Using Blockchain to improve the delivery of services in the public and private sectors 38
2.6. Blockchain and Banking 39
2.6.1. Banking industry 39
2.6.2. Impact of Blockchain in Banking Industry 40
3. CHAPTER 3 51
RESEARCH METHODOLOGY 51
3.1. Research design 51
3.2. Expert Interview 53
3.2.1. Introduce interviewee 53
3.2.2. Interview questions 55
3.3. Case study 57
3.3.1. Taipei Fubon Commercial Bank-Bagel Pay 57
3.3.2. Rakuten Bank Ltd., Rakuten Energy Trading System 58
3.4. Attend conference and workshop 59
3.5. Data acquisition 60
3.5.1. Execution of expert interviews 60
3.5.2. Execution of case study 61
4. CHAPTER 4: CASE ANALYSIS 62
4.1. Manager decision 62
4.1.1. Motivation on apply Blockchain Technology 62
4.1.2. Difficulties when banks apply Blockchain Technology 65
4.2. Execution strategy 66
4.2.1. How does the bank carry out Blockchain technology 66
4.2.2. How does the bank come to different with the other banks who did not apply Blockchain technoloy 70
4.2.3. Challenges and solutions 70
4.3. Future planning 73
4.4. Discussion on application of Blockchain Technology 74
4.4.1. Bank opportunities 79
4.4.2. Value of Blockchain as a resource 80
5. CHAPTER 5 CONCLUSION AND RECOMMENDATIONS 81
5.1. Conclusion 81
5.2. Recommendations 82
6. REFERENCES 84

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